Udupi man falls prey to ₹19.5L online trading investment scam

A resident of Udupi district has fallen prey to a ₹19.5 lakh online trading investment scam. The incident occurred recently, with the victim reportedly investing in a fake trading platform.

Police have launched an investigation into the matter, and officials are working to identify the individuals responsible for the scam. The victim, who wishes to remain anonymous, had invested in the fake platform, expecting to earn significant returns.

The incident highlights the growing threat of online scams in the region, with many residents falling prey to fake investment schemes. Authorities are urging residents to exercise caution when investing online and to verify the authenticity of any investment platform before making a transaction.

Source: Google News – Udupi.